car purchase – Money Guy https://moneyguy.com Fri, 16 Jan 2026 05:50:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 When is a Car Considered a “Luxury” Car? https://moneyguy.com/article/when-is-a-car-considered-a-luxury-car/ Thu, 09 Nov 2023 17:00:49 +0000 https://moneyguy.com/?post_type=article&p=23930

What does the Money Guy consider to be a luxury car and when does a car become luxury? Want to know how to buy a dependable car that won’t break the bank? Check out our Car Buying Checklist. See also, our free Car Affordability Calculator which is based on Money Guy’s 20/3/8 rule of thumb.

]]> When is a Car Considered a "Luxury" Car? nonadult Is a $1,000 Car Payment Okay If It Doesn’t Break The 20/3/8 Rule? https://moneyguy.com/article/is-a-1000-car-payment-okay-if-it-doesnt-break-the-20-3-8-rule/ Mon, 06 Nov 2023 17:00:46 +0000 https://moneyguy.com/?post_type=article&p=23754

If you are purchasing a car with a payment over $1,000, but can fit it into the 20/3/8 rule, is that still a bad decision?

]]> Is a $1,000 Car Payment Okay If It Doesn't Break The 20/3/8 Rule? nonadult How to Get the Best Deal on Your Next Car Purchase! https://moneyguy.com/article/how-to-get-the-best-deal-on-your-next-car-purchase/ Thu, 26 Oct 2023 13:00:06 +0000 https://moneyguy.com/?p=22783

What is the best way to buy a new or used car? Learn the Money Guy Tips to get the best deal on your new car! Check out our Car Buying Checklist here.

]]> How to Get the Best Deal on Your Next Car Purchase! nonadult What Should You Do If You Bought a Car the WRONG Way? https://moneyguy.com/article/what-should-you-do-if-you-bought-a-car-the-wrong-way/ Wed, 25 Oct 2023 13:00:38 +0000 https://moneyguy.com/?p=22765

Not everyone buys a car the right way. What should you do if you bought a car the wrong way and it is harming your finances? Sell the car, pay it off as quickly as possible, or something else?

]]> What Should You Do If You Bought a Car the WRONG Way? nonadult How to Make the RIGHT Choice Between Buying a Used or New Car https://moneyguy.com/article/how-to-make-the-right-choice-between-buying-a-used-or-new-car/ Mon, 23 Oct 2023 13:00:56 +0000 https://moneyguy.com/?p=22756

Normally it is financially better to buy a used vehicle instead of new. However, in the unique times we’re in where used cars are appreciating, does this rule still hold up? Or is it better to buy a new car now?

Want to know what to do with your next dollar? You need this free download: the Financial Order of Operations. It’s our nine tried-and-true steps that will help you secure your financial future.

]]> How to Make the RIGHT Choice Between Buying a Used or New Car nonadult How to Buy a Car the RIGHT Way! (20/3/8 Rule) https://moneyguy.com/episode/how-to-buy-a-car-the-right-way-20-3-8-rule/ Fri, 20 Oct 2023 13:00:44 +0000 https://moneyguy.com/?p=22739

Cars have gone up significantly in price over the last few years. How can you buy a car without breaking the bank, and what type of car should you be looking at? Get the answers to all of your car questions in our ultimate car-buying show!

Enjoy the Show?

If you have any questions (or just want to say hi!), join the conversation on Facebook, Twitter, Instagram, or Tik Tok!

]]> How to Buy a Car the RIGHT Way! (20/3/8 Rule) nonadult I Make $100,000 and Just Bought a $60,000 Truck! (Should I Sell It?) https://moneyguy.com/article/i-make-100000-and-just-bought-a-60000-truck-should-i-sell-it/ Thu, 19 Oct 2023 17:00:23 +0000 https://moneyguy.com/?p=22736

If you didn’t follow our 20/3/8 car-buying rule and now are underwater on your vehicle, what should you do? Does it make sense to sell it and take the hit to get into a cheaper vehicle?

]]> I Make $100,000 and Just Bought a $60,000 Truck! (Should I Sell It?) nonadult What Are the Rules Around Buying a Luxury USED Car? https://moneyguy.com/article/what-are-the-rules-around-buying-a-luxury-used-car/ Sat, 23 Sep 2023 13:00:10 +0000 https://moneyguy.com/?p=22578

Brian gets HEATED answering this question! Does the one-year “same as cash” rule for luxury cars also apply to USED luxury vehicles? For more information, check out our Car Buying Checklist.

]]> car purchase | Money Guy nonadult How to Navigate a Car Purchases in a High Inflation Environment https://moneyguy.com/article/how-to-navigate-a-car-purchases-in-a-high-inflation-environment/ Wed, 23 Aug 2023 13:00:49 +0000 https://moneyguy.com/?p=22356

Cars have gone up significantly in price since 2020, but recently car prices have been declining. How do you buy a car the right way and ensure you don’t get in over your head when it comes to buying a car? Want to know how to buy a car the smart way? Check out our Car Buying Checklist!

]]> car purchase | Money Guy nonadult How To Tell When It’s Time for a New Car https://moneyguy.com/article/how-to-tell-when-its-time-for-a-new-car/ Mon, 20 Feb 2023 18:00:38 +0000 https://moneyguy.com/?p=19854

In this highlight, we discuss how to tell when it is time for a new car.

]]> How To Tell When It's Time for a New Car nonadult